NEW12d ago

Iran To Require $Btc For Strait Of Hormuz Passage

Iran is officially mandating that shipping companies pay transit tolls in Bitcoin for vessels passing through the Strait of Hormuz.

This policy applies to oil tankers seeking passage during the current two-week ceasefire with the U.S. and is intended to circumvent traditional banking sanctions.

By shifting to $BTC, Tehran is establishing a sovereign payment channel that operates entirely outside conventional financial networks and remains resistant to seizure.

Iran To Require $Btc For Strait Of Hormuz Passage

More Breaking News

Bybit Leads $8m Funding Round In Malaysia Exchange Hata Japan To Explore Real Time Collateral On Canton Network Pokemon Trading Cards Explode In Value With New Tokenization Model Redotpay Adds Sui And Usdc-Sui For Global Payments Arbitrum Recovers $70.9m From Kelpdao Exploiter Aptos Daily Transactions Grow 528% In 2026 Activity On Four[.]Meme Is Growing... Bnb Meme Season Incoming?!Layerzero Co-Founder And Ceo Shares Update On Response To Rseth Bridge Incident Kelp Dao'S "Additional Context" On $292m Rseth Drain Disputes Layerzero Account Grayscale Drops Coinbase From Amended Hyperliquid Etf Filing, Joins Bitwise And 21shares In Picking Anchorage Xrp Trades On Whatsapp Via Solana As Yakovenko Boosts Viral Demo Bybit Leads $8m Funding Round In Malaysia Exchange Hata Japan To Explore Real Time Collateral On Canton Network Pokemon Trading Cards Explode In Value With New Tokenization Model Redotpay Adds Sui And Usdc-Sui For Global Payments Arbitrum Recovers $70.9m From Kelpdao Exploiter Aptos Daily Transactions Grow 528% In 2026 Activity On Four[.]Meme Is Growing... Bnb Meme Season Incoming?!Layerzero Co-Founder And Ceo Shares Update On Response To Rseth Bridge Incident Kelp Dao'S "Additional Context" On $292m Rseth Drain Disputes Layerzero Account Grayscale Drops Coinbase From Amended Hyperliquid Etf Filing, Joins Bitwise And 21shares In Picking Anchorage Xrp Trades On Whatsapp Via Solana As Yakovenko Boosts Viral Demo

(Advertisement)

Author

BSCN

BSCN's dedicated writing team brings over 41 years of combined experience in cryptocurrency research and analysis. Our writers hold diverse academic qualifications spanning Physics, Mathematics, and Philosophy from leading institutions including Oxford and Cambridge. While united by their passion for cryptocurrency and blockchain technology, the team's professional backgrounds are equally diverse, including former venture capital investors, startup founders, and active traders.